Twin Vee Powercats Co. (NASDAQ:VEEE) Short Interest Up 35.0% in January

Twin Vee Powercats Co. (NASDAQ:VEEE) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 268,700 shares, an increase of 35.0% from the December 31st total of 199,100 shares. Based on an average daily trading volume, of 840,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.6% of the shares of the stock are sold short.

Twin Vee Powercats Price Performance

Twin Vee Powercats stock traded up $0.01 during mid-day trading on Friday, hitting $0.42. The stock had a trading volume of 52,551 shares, compared to its average volume of 1,089,017. Twin Vee Powercats has a one year low of $0.31 and a one year high of $1.37. The company has a current ratio of 4.00, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $4.02 million, a P/E ratio of -0.40 and a beta of 1.04. The firm’s 50 day moving average is $0.42 and its 200 day moving average is $0.47.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.